#part

Indeed, the FHA was born out of the Great Depression, which was also caused in significant part by a foreclosure crisis. Mortgages in the early 1930s were mostly three- to five-year 'bullet' loans, which did not amortize and were due in full at maturity. ↗

— Mark Zandi

#born #bullet #caused #crisis #depression

No one should expect the value of their house to appreciate quickly - counting on your home to be a significant part of your retirement saving isn't a winning strategy - but it is reasonable to expect that prices generally will rise with at least the rate of inflation for some time to come. ↗

— Mark Zandi

#come #counting #expect #generally #home

The Tea Party was born out of the disgust many Americans felt early in the financial crisis upon learning that the federal government was even contemplating reducing the principal on some troubled mortgages. ↗

— Mark Zandi

#contemplating #crisis #disgust #early #even

Too-easy credit and millions of bad loans made during the U.S. housing bubble paved the way for the financial calamity and Great Recession that followed. Today, by contrast, credit is too tight. Mortgage loans are particularly hard to get, creating a problem for the housing market and the broader economy. ↗

— Mark Zandi

#broader #bubble #calamity #contrast #creating

In how many lives does love really play a dominant part? The average taxpayer is no more capable of a 'grand passion' than of a grand opera. ↗

— Israel Zangwill

#capable #does #dominant #grand #how

I think we simply all like to project ourselves into somebody else - somebody who is better-looking, richer, smarter. It's comforting. It's escapism, and that, of course, is what the movies are supposed to be all about. Ultimately, I think it's just part of human nature to pretend. ↗

— Richard D. Zanuck

#comforting #course #else #escapism #human

Music can be so disturbing and frustrating. I mean the business side of it. The actual making music part is fun, but the business side of it is just so out of control, has nothing to do with anything. ↗

— Dweezil Zappa

#anything #business #control #disturbing #frustrating

Roger became a part of me, and when he went off the deep end and became a mad snake, I felt sorry for him. ↗

— Michael Zaslow

#deep #deep end #end #felt #him

If you give a hacker a new toy, the first thing he'll do is take it apart to figure out how it works. ↗

— Jamie Zawinski

#figure #first #first thing #give #hacker

If you want to know the taste of a pear, you must change the pear by eating it yourself. If you want to know the theory and methods of revolution, you must take part in revolution. All genuine knowledge originates in direct experience. ↗

— Mao Zedong

#direct #direct experience #eating #experience #genuine